This article provides a background to the birth of offshore banking units (OBUs) in the Philippines, its operations and the factors affecting the positioning of financial offshore centers. It also discusses the issues confronting OBUs and its effects on domestic banks/banking technology. A short...

This article models the small LDC bankers’ profit maximizing and decisionmaking processes in addressing policy actions. Its implications are useful for future policy reforms.

This paper reports the empirical results of an attempt to develop a statistical classification system for rural banks using common financial ratios as predictor variables. Though it provides a formal and fast way to classify banks, the classical techniques utilized in this paper should not be...

Recognition of a continuous improvement in the formal financial system is necessary for economic growth. Over the years, the government has been infusing cheap funds into the rural sector. Unfortunately, it overlooks a number of serious issues regarding bank’s transaction costs. This article...

As far as the policies are concerned, the government has been successful in reversing the flow of loanable funds in favor of rural areas through maintenance of agricultural loan quota and deposit retention policies. This paper examines the structure of funds transfer operations of rural-based...

Utilizing time-wise autoregressive model to investigate the perception of the international community on the Philippines, which has suffered from debt crisis in 1982, indicates that banker’s creditworthiness assessments are sensitive not only from liquidity and solvency but also from long-term...

This paper is an edited and expanded version of PIDS Staff Paper 87-02. It provides a number of facts and observations regarding agricultural credit, the main source of which is the ongoing program to rehabilitate the rural banks, to re-orient the concept of supervised credit and the creation of...

This paper has attempted to examine the impacts of competition policy reforms on the efficiency of the Philippine commercial banking system. It uses the stochastic frontier approach to come up with estimates of profit efficiency and cost inefficiency measures. The results are quite interesting....

Regardless of the growth and rehabilitation of several financial institutions in the last decade, a large number of borrowers have not yet been served, specifically small farm and entrepreneurs. This paper describes the Philippine banking system focusing on its effect to the different...

Credit is important because economic agents in the agriculture sector who are constrained by liquidity problems may produce sub-optimal outputs. This paper reviews the past and present Philippine agricultural credit and banking policies. It identifies the principal issues in rural credit markets...